Project Overview - Jiangxi Shilong Industrial Co., Ltd. plans to invest approximately 102.56 million yuan to construct a project with an annual production capacity of 100,000 tons of percarbonate and 30,000 tons of soda ash [1] - The investment will cover equipment procurement, material purchases, civil construction, corrosion protection, and installation costs [1] Strategic Asset Acquisition - The company has purchased relevant assets from Jiangxi Bohaiyuan Chemical Co., Ltd. for 37.51 million yuan, which aligns well with the percarbonate and soda ash project, enhancing the company's industrial chain and overall competitiveness [2] - The acquired assets have been fully upgraded and are now operational, contributing to the production of qualified products [3] Project Impact and Development - The investment in the percarbonate project is expected to extend the industrial chain, increase product added value, and enhance economic benefits, thereby laying a solid foundation for the company's sustainable high-quality development [2] - The project is still in the phase of construction, and the completion of the annual production capacity of 100,000 tons of percarbonate and 30,000 tons of soda ash is yet to be finalized [3]

Group 1: Company Operations and Projects - The new thermal power plant and sodium percarbonate product projects are progressing as planned, with updates to be disclosed as required by regulations [2][4]. - The company aims to apply for the removal of risk warnings in accordance with regulations [3][5]. - As of March 31, 2025, the number of shareholders is 8,744 [3]. Group 2: Cost Management and Financial Performance - The energy and power costs decreased by 50 million due to changes in procurement volume and costs [3][24]. - The company is focused on improving operational efficiency and reducing costs to enhance profitability [4][8]. - The company has no current plans for share buybacks, but will disclose any future plans as required [3][6]. Group 3: Market and Product Insights - The market for AC foaming agents has seen a 7% increase in sales despite a challenging economic environment [7][21]. - The company is monitoring market trends and adjusting product strategies accordingly to maximize profit margins [8][9]. - There is uncertainty regarding future price fluctuations of AC foaming agents due to market volatility [9]. Group 4: Environmental and Regulatory Compliance - The company is committed to enhancing safety and environmental measures, with plans for further investments in these areas [8][22]. - The internal control system is being continuously improved to prevent past issues from recurring [7][20]. Group 5: Future Development Plans - The company plans to expand its overseas market presence while focusing on traditional product markets [8][23]. - Future product development will be aligned with market demand to ensure profitability [7][18].